Norwegian company Nordic Semiconductor ASA is opening a research and development office in Oulu, northern Finland. “We are strengthening our R&D resources by adding highly qualified engineers from the IT hub that has been built in Northern Finland during the last years,” says Svenn-Tore Larsen, CEO of Nordic Semiconductor ASA.
Nordic Semiconductor will take advantage of the layoffs recently announced by several technology companies in Oulu. According to Nordic Semiconductor ASA, the new R&D team will work closely alongside the company’s current R&D teams in Trondheim and Oslo and Krakow. Nordic Semiconductor ASA’s turnover was about EUR 98 million in 2013.
Leading wireless technology cluster in Northern Europe
According to Business Oulu, the city has more than 7000 experienced engineers working in the research and development sector of the city’s wireless information transfer and radio technology cluster. Oulu has also been a nominated TOP 7 finalist in the competition for the title of the Most Intelligent City in the World in 2012 and 2013.
Arctic Airlink, a new flight route connecting the three university cities Oulu, Luleå in Sweden, and Tromsö in northern Norway, is planned to start in January. The east-west flight connection between the northern neighbours is a project involving the City of Oulu, Troms fylkeskommune and Norrbotten County Council.
Sources: Kaleva, Business Oulu